Aditya Birla Fin Serv boosts PE arm

The Aditya Birla Financial Services Group has announced expansion of its investment team at Aditya Birla Private Equity, naming Amitvikram Sharma as additional investment director.

Aditya Birla Capital Advisors, the investment management company of the PE arm, has inducted P H Ravikumar as independent director. It has also appointed Shailesh Haribhakti to the advisory board at the 880-crore Aditya Birla Private Equity – Fund I.

Amitvikram Sharma joins Rahul Shah, another investment director at Aditya Birla PE, and will functionally report to chief executive officer Bharat Banka. He was earlier a partner at Milestone Religare.

An MBA from IIM Lucknow, he has spent over 20 years in the venture capital and private equity space, having worked with investment firms such as Actis (erstwhile CDC), Jardine Fleming Electra, Madison Capital and Gujarat Venture Finance.

He has managed deals across sectors like education, healthcare, automotive, manufacturing, infrastructure, media, technology and chemicals. Also, he has executed multiple exits across funds, ranging from stock exchanges and trade sales to structured exits through reverse mergers with listed companies.